Monday, July 25, 2016

morning thoughts...

The last day of trading week decepted short sellers and inched up to close positive for the day and as said to buy dips keeping in mind the call writers at 8600, the markets bounced well as said and expected.
Now we enter the f/o expiry week and the markets are likely to be volatile , jittery with two side movements in the markets
Technically we have intimated about the call writers at 8600 and put writers at 8500 and 8400 which creates a tussle between the bulls and the bears
Bank nifty continues to face pressure and heaviness at higher levels and 19000 will act as resistance whereas 18500 will act as supports for the markets.
Commodity markets will trade mixed with buying in bullions , base metals and energy at lower opening or downsides.

Fridays rdx biocon 800 ca turns 3000% times and fii upl 580 ca triples
Operator hpcl 1200 august ca at hold
Fo upl zooms 25 rs
Buy nifty and bank nifty likely to achieve targets on monday
Fo tata steel rise 10 rs , tata motors 19 rs
Bank nifty rises 150 rs , nifty 55 rs
Gold cracks 200 rs , silver 500 rs

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